A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDNS jumps, then SNPS could also see price increases.
| Ticker / NAME | Correlation To CDNS | 1D Price Change % | ||
|---|---|---|---|---|
| CDNS | 100% | -0.97% | ||
| SNPS - CDNS | 84% Closely correlated | -0.84% | ||
| S - CDNS | 59% Loosely correlated | -1.75% | ||
| MSFT - CDNS | 58% Loosely correlated | +0.84% | ||
| ORCL - CDNS | 58% Loosely correlated | -2.74% | ||
| CRWD - CDNS | 57% Loosely correlated | -0.66% | ||
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| Ticker / NAME | Correlation To CDNS | 1D Price Change % |
|---|---|---|
| CDNS | 100% | -0.97% |
| CDNS (2 stocks) | 82% Closely correlated | -0.91% |
| Technology Services (394 stocks) | 18% Poorly correlated | -0.13% |
| Packaged Software (224 stocks) | 17% Poorly correlated | -0.89% |